The NBFCs borrowings through debentures and commercial papers (CPs) have been on the rise in the last 5 years.

The two countries have already slapped tariffs on $50 billion worth of each other's goods earlier this year.

The Centre has prepared a list of non-essential items whose imports can be curbed and also drawn up a separate list of goods whose exports can be boosted with a little policy intervention.

According to Gorman, the rupee's depreciation is not a reflection of poor economic management, rather an \"unfortunate consequence\" of external factors.

In July, China cut import tariffs on almost 1,500 consumer products ranging from cosmetics to home appliances as part of efforts to open up its economy, the world's second biggest.

Dimon said that India's world beating economic growth as well as critical reforms such as GST and the first step in bank mergers are advantages that far outweigh fears arising out of macroeconomic imbalances and a sliding currency

Alibaba is the first foreign company to openly claim it's ready to accept the data localisation rules, while other prominent giants like Amazon, Microsoft, American Express, Google and Facebook have shown reluctance.

Income tax officials inspect books of Jet Airways in Mumbai, Delhi officesThe Income Tax Department on Wednesday swooped down on the premises of Jet Airways in Mumbai and Delhi to carry out an inspection of the books of the crisis-ridden airline for alleged falsification of accounts and siphoning of funds. As many as 50 tax officials are reported to have been pressed into action for the survey operation under Section 133A of the Income Tax Act at the Naresh Goyal-led airline's And...

Following a review of the economy by Prime Minister Narendra Modi last week, the government announced an array of measures to check the decline of rupee and curb the widening current account deficit (CAD).

Cautioning businesses in China to be ready for a long drawn trade war with US, Alibaba Group founder Jack Ma said the dispute could drag for 20 years, extending far beyond the presidency of Donald Trump.

Continuing its intermittent fall against the US dollar, the Indian rupee dived to another all-time low of 72.98 on Tuesday. The currency has lost over 13 per cent in value against the greenback since the beginning of the year.

The merged entity or amalgamated bank would be India's third largest.

While the Sensex fell 505 points or 1.33% to 37,585 level, the Nifty lost 137 points or 1.19% to 11,377 level. Subdued Asian and European markets due to escalating trade war between the US and China mainly led to a caution on domestic bourses, brokers said.

Flexi-staffing has advantages for employers and also certain kinds of employees.

World economy is still precariously poised, thanks to the tariff war.

We must work out a realistic, cost-effective strategy to make the world land and fuel in India.

Lessons from the failure of some of India's biggest business names.

The rise of the debt-prone economy indicates that the future will remain volatile.

The yoga guru also calls for bringing petrol and diesel under the lowest slab of the GST, and not the 28 per cent rate, as people's \"pockets are being emptied\".

Finance Minister Arun Jaitley said that external factors like policies adopted by the United States, trade tensions and skyrocketing crude oil prices are impacting economies like India, despite \"strong fundamentals\".